Register for our free one hour webinar series!
Designing and Implementing a Family Office
Tuesday, June 2 at 12pm (CST)
Speaker:
Mark A. McMillan, J.D., LL.M., Partner
About this Webinar
Overview
With the number of family offices worldwide exceeding 10,000 and assets under management estimated at roughly $6 trillion, more high-net-worth families than ever are exploring whether a dedicated family office is the right vehicle for coordinating their wealth and family governance. But the threshold question — virtual, single-family, or multi-family — is one that many advisors are asked to help answer without a structured framework for doing so. This webinar provides a practical, 60-minute guide to all three models, covering how they differ in cost, control, and privacy; a roadmap for setting up a family office, starting with defining the purpose of the family office through first-year operations; and the common pitfalls that cause family offices to stumble.
Key Topics
- Learn the differences between virtual, single-family, and multi-family office structures and the factors that drive the selection of each model.
- Learn the key legal, operational, governance, and financial considerations involved in designing and implementing a family office.
- Learn practical strategies for establishing a family office, from defining its purpose and scope through first-year operations and administration.
- Learn of common pitfalls and challenges that family offices encounter and potential approaches for avoiding or mitigating those issues.
Details
Course Level: Intermediate
Prerequisite: None
Cost: Free
CPE and MCLE Credit Info:
Course Number: 174322829
CPE Credit: 1.20 Hrs.
MCLE Credit: 1.00 Hr. (Approval Pending)
CFP Credit Info:
CFP Program ID: 349647
CFP Credit: 1.00 Hr. (Approval Pending)
This Event Begins in:
About the Speakers
Mark A. McMillan, J.D., LL.M.
Partner
Mr. McMillan specializes in serving high-net-worth and ultra-high-net-worth individuals and families, guiding them in attaining their personal and business goals while minimizing their income, estate, and gift tax burdens. His clients often seek assistance with transactions such as buying or selling interests in closely-held businesses, navigating complex family dynamics, and engaging in charitable giving. In addition to crafting tailored tax solutions, Mr. McMillan is also skilled in defending his clients' interests against IRS inquiries and actions and representing them in both state and federal court litigation.
Mr. McMillan is Board Certified, by the Texas Board of Legal Specialization, in Estate Planning and Probate Law as well as Tax Law.
Read his full bio here. You can contact Mr. McMillan at 214-744-3700 or by email at mmcmillan@meadowscollier.com.
Register for this FREE Webinar!
About Meadows Collier
At Meadows Collier, we are dedicated to supporting continuing education of tax professionals including CPAs, CFPs, and legal experts. We offer free monthly webinars and presentations that provide CPE, MCLE, and CFP credits where applicable. These webinars cover a wide array of topics relevant to CPAs, business leaders, legal professionals, and tax specialists. Our webinar topics include federal and state tax updates, IRS enforcement and initiatives, estate planning, corporate tax issues, tax controversy and litigation, and more. Stay informed about the latest developments and gain valuable knowledge from industry leaders. Sign up today to enhance your expertise and navigate the evolving economic landscape with confidence.
Founded in 1983, Meadows Collier is nationally recognized for its depth of experience in all areas of taxation. The firm represents businesses and individuals in high-stakes litigation and complex tax matters, including federal and state tax controversies, white-collar criminal and government regulatory de3fense, business tax planning, commercial litigation, sophisticated estate and gift planning, and corporate, real estate, and commercial transactions.